232 Front Street
Vinegar Hill, Brooklyn
Parcel ID (BBL): 3000550020
Owner: Chess Builders
Acquired: November 08, 2021, $48.5 million
Debt: October 29, 2024, $170 million
Built: 2023
Renovated: 2022
SF: 231,422
Dwelling units: 218
No. of buildings: 1
Class: Fireproof – With Stores (D6)
Floors: 7
Transactions:
• Chess Builders borrowed $170 million from MF1 Capital for 218 Front Street, Vinegar Hill, Brooklyn on October 29, 2024.
• Company sold 218 Front Street, Vinegar Hill, Brooklyn for $0 to company on July 18, 2024.
• Company sold 218 Front Street, Vinegar Hill, Brooklyn for $0 to company on May 31, 2024.
• Cheskel Schwimmer borrowed $135 million from Valley National Bank for 218 Front Street, Vinegar Hill, Brooklyn on October 20, 2022.
• Company sold 218 Front Street, Vinegar Hill, Brooklyn for $0 to company on February 03, 2022.
Development:
• Steven Weiss filed plans for alteration in Vinegar Hill, Brooklyn, on August 09, 2023.
• Milivoj Sofranin filed plans for alteration in Vinegar Hill, Brooklyn, on October 17, 2023.
• Cheskel Schwimmer filed plans for alteration in Vinegar Hill, Brooklyn, on November 23, 2022.
• Cheskel Schwimmer filed plans for alteration in Vinegar Hill, Brooklyn, on June 08, 2022.
• Cheskel Schwimmer filed plans for demolition in Vinegar Hill, Brooklyn, on June 01, 2022.
Litigation:
• A $174,942 lawsuit was filed 522580/2021 on September 02, 2021,seeking a money judgment related to retail leaseat 218 Front Street.
Violations:
According to city public data, the properties have received $17,500 in OATH penalties in the last year.